interim dividend

interim dividend
interim dividend
1. Dividend paid to creditors before the administration of the estate of the bankrupt has been finalized; any dividend that is not a final dividend.
2. A dividend paid to creditors before the estate is finalized. (Dictionary of Canadian Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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Look at other dictionaries:

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  • interim dividend — A corporate dividend payable on a date between regular dividend paying dates; a dividend which may be rescinded or revoked where such action is made advisable by an adverse change in the circumstances of the corporation. Lagunas Nitrate Co. v… …   Ballentine's law dictionary

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  • interim dividend — A dividend paid during a financial year …   Big dictionary of business and management

  • interim dividend — /ˌɪntərɪm dɪvɪˌdend/ noun a dividend paid at the end of a half year …   Dictionary of banking and finance

  • interim dividend — part of business profits that are divided among shareholders during the business year …   English contemporary dictionary

  • interim payment — ➔ payment * * * interim payment UK US noun [C] ► an amount of money that is paid before the total amount of money owed is decided: »Workers injured in the fire have not received any compensation other than the interim payments of £10,000 each… …   Financial and business terms

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